Bitcoin’s Surge to Almost $8,000 Rekindles Memories of Bubble
Bitcoin jumped to almost $8,000 and didn’t look back, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market. Monday’s advance of as much as 26% comes only a few days after the digital asset broke through $6,000 and looks set to boost investor interest in conferences on the technology underlying the biggest […]
China is raising tariffs on $60 billion of US goods starting June 1
China will raise tariffs on $60 billion in U.S. goods in retaliation for the U.S. decision to hike duties on Chinese goods, the Chinese Finance Ministry said Monday. Beijing will increase tariffs on more than 5,000 products to as high as 25%. Duties on some other goods will increase to 20%. Those rates will rise […]
Hong Kong Lawmakers Brawl Over Extradition Bill
A session Saturday in Hong Kong’s legislative assembly about a controversial extradition law ended in a brawl between lawmakers, with one member of the assembly hospitalized. Neither the pro-democracy lawmakers nor the pro-Beijing politicians are budging from their disapproval or support of the proposed law that would allow Hong Kong to extradite people to other […]
Singapore passes ‘fake news’ legislation that threatens press
Bangkok, May 9, 2019 — The Committee to Protect Journalists today condemned the Singapore parliament’s passage of legislation that could be used to stifle reporting and the dissemination of news, and called for the punitive measure’s immediate repeal. The Protection from Online Falsehoods and Manipulation Act, which was passed yesterday, gives all government ministers broad […]
Japan’s Plan To Counter Rising China
The Senkaku archipelago, which is a Japanese-administered chain of islands, is located about 200km to the southwest of Okinawa, which is one of the prefecture islands of Japan. Originally the archipelago was annexed by Japan when China was defeated in the first Sino-Japanese war, which took place from 1894 to 1895. The problem is that […]
Religion In Japan: Where Shinto And Buddhism Meet
A trip to Japan will never be complete without paying a visit to at least one of its beautiful shrines and temples. In a land where approximately 70,000 Buddhist temples and 80,000 Shinto shrines exist, it’s not hard to find more than one religious architecture in any city. Today, most of these shrines and temples […]
Asian American buying power topped $1 trillion in 2018, Nielsen report finds
The purchasing power of Asian Americans and Pacific Islanders will be an area of opportunity for businesses over the next decade, according to a new Nielsen consumer report.Spencer Platt / Getty Images fileMay 9, 2019, 10:00 AM EDTBy Charles Lam Asian American and Pacific Islander spending power in the U.S. topped $1 trillion in 2018 and […]
Alberta’s Filipino business community forms its own chamber of commerce
Filipino business leaders in Alberta have formed a new chamber of commerce to give a voice to that community, which they say is badly needed. Organizers hope the chamber will help unify Filipino business owners in Alberta and give those enterprises more visibility, along with improving collaboration and advocacy. The idea came from a leadership forum […]
3 Injured in San Jose Shooting After Men in Body Armor Storm Vietnamese Cafe: Sources
Three men were hospitalized following a shooting Thursday afternoon in San Jose, police said. One of the victims is suffering from life-threatening injuries. Police said no suspects have been identified or apprehended. The motive and circumstances surrounding the shooting are under investigation. San Ramon Police, FBI Patrol Cal High Following Threats The shooting occurred just […]
IT’S OFFICIAL: Trump ramps up tariffs on China, escalating the high-stakes trade war
President Donald Trump on Friday more than doubled the tariff rate on roughly $200 billion worth of Chinese imports, a move that sets the stage for retaliation from Beijing and that significantly raises the stakes in a yearlong trade war between the world’s largest economies. After accusing China of reneging on past trade commitments, the […]